European markets closed mixed Tuesday after softer-than-expected US inflation data seemed to have boosted sentiment. Meanwhile, fresh European figures showed Germany's ZEW economic sentiment falling in August, and UK unemployment holding at 4.7% in the second quarter.
Investors kept their focus on Friday's meeting in Alaska between US President Donald Trump and Russian President Vladimir Putin, which is drawing close attention across the continent amid hopes for progress on ending the war in Ukraine.
At the close, the DAX fell 0.18% as SAP SE dropped 6.96% and the EURO STOXX 50 was flat. The FTSE 100 gained 0.19% with Spirax Group PLC surging 12.95% and the CAC 40 rose 0.71% as STMicroelectronics climbed 4.18%. The euro traded 0.53% higher compared to the US currency, selling for $1.16764 at 5:35 pm CET. Simultaneously, the pound gained 0.61% against the greenback to go for $1.35150.
